As we are seeing in the recent day or so, it appears the double bullish divergence called has played out after all - resulting in an over 6% rise in price at the time of this writing.
So let's stick with what works, eh?
Returning to Renko, just plotting out some possibilities seems to show this bullish trend extending Bitcoin possibly up into the $7800 -$7900 range over the course of the next few days to a week. And this is exactly what I'm thinking will occur. I've put my money where my mouth is for the time being at least, and am sticking with my long position.
Happy trading, all!
So let's stick with what works, eh?
Returning to Renko, just plotting out some possibilities seems to show this bullish trend extending Bitcoin possibly up into the $7800 -$7900 range over the course of the next few days to a week. And this is exactly what I'm thinking will occur. I've put my money where my mouth is for the time being at least, and am sticking with my long position.
Happy trading, all!
